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Best’s News & Research Service subscription required - March 09, 2010 09:48 AM (EST)

Sompo Japan Boosts Southeast Asia Presence With Acquisition of Singapore's Tenet

Sompo Japan Insurance Inc. [085258] said it will acquire Singapore's Tenet Insurance Co. Ltd. [089446] for S$95 million (US$67.9 million) and will take full control of the local nonlife insurer. . . .

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Mergers And Acquisitions Property And Liability Insurers Property Insurance Singapore Casualty Insurance Japan Casualty Insurers Strategic Alliances Southeast Asia Strategy


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